480,850 Shares in Yum China Holdings, Inc. (NYSE:YUMC) Acquired by Fullerton Fund Management Co Ltd.

Fullerton Fund Management Co Ltd. purchased a new stake in Yum China Holdings, Inc. (NYSE:YUMC) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 480,850 shares of the company’s stock, valued at approximately $23,164,000. Fullerton Fund Management Co Ltd. owned 0.13% of Yum China as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GeoWealth Management LLC raised its stake in Yum China by 689.6% during the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company’s stock worth $25,000 after buying an additional 462 shares during the period. Kentucky Trust Co bought a new stake in shares of Yum China during the fourth quarter valued at approximately $29,000. Graney & King LLC acquired a new position in shares of Yum China during the fourth quarter worth approximately $39,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Yum China by 58.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock worth $42,000 after purchasing an additional 324 shares in the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new stake in Yum China in the 4th quarter valued at $48,000. 85.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. StockNews.com lowered shares of Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Daiwa America raised shares of Yum China to a “strong-buy” rating in a research report on Wednesday, April 9th. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Yum China presently has an average rating of “Buy” and a consensus target price of $48.70.

Insider Activity

In other Yum China news, CEO Joey Wat sold 37,252 shares of the firm’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total value of $1,851,796.92. Following the completion of the sale, the chief executive officer now directly owns 382,657 shares of the company’s stock, valued at $19,021,879.47. This trade represents a 8.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Jeff Kuai sold 3,900 shares of the company’s stock in a transaction on Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the transaction, the insider now directly owns 56,602 shares in the company, valued at $2,728,782.42. This represents a 6.45 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 45,152 shares of company stock valued at $2,242,176 in the last ninety days. 0.40% of the stock is currently owned by insiders.

Yum China Price Performance

Shares of NYSE:YUMC opened at $44.15 on Friday. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.99. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The stock has a market cap of $16.56 billion, a PE ratio of 18.95, a price-to-earnings-growth ratio of 1.72 and a beta of 0.27. The stock’s fifty day simple moving average is $47.63 and its two-hundred day simple moving average is $47.28.

Yum China (NYSE:YUMC) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. The firm had revenue of $2.98 billion during the quarter, compared to the consensus estimate of $3.13 billion. During the same period in the previous year, the company posted $0.71 earnings per share. The company’s revenue for the quarter was up .8% on a year-over-year basis. As a group, analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th will be paid a $0.24 dividend. The ex-dividend date is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a yield of 2.17%. Yum China’s dividend payout ratio (DPR) is presently 40.17%.

About Yum China

Yum China Holdings, Inc owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services.